
Subway explores sale that could value it at over $10 bln - WSJ

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Subway has retained advisers to explore a sale that can value the sandwich chain at more than $10 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The process, which is in an early stage, is expected to attract potential corporate buyers and private-equity firms, the report said, adding though it is possible there won’t be a sale or other deal
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